Tupelo Data Room

building and construction business for Sale in Michigan

Similar businesses sell at 1.1x to 4.2x SDE. Compare live listings and connect with sellers.

Residential Plumbing & HVAC Company Serving Central Michigan photo
HVAC Businesses
Plumbing

Residential Plumbing & HVAC Company Serving Central Michigan

MI, US

Fantastic opportunity to own a multi-trade company that serves the Greater Lansing area. They are 90% residential, 10% commercial, with 20% new construction. The business split is 30% plumbing and 70% HVAC, with no refrigeration. They have flat rate pricing in place, 400 maintenance agreements, and approximately 3,700 active customers in their database. They have a CRM in place, use QuickBooks for their accounting system, and outsource the payroll to a CPA.

$3,500,000
$3,512,605Revenue
$715,107Cash Flow
Residential HVAC Serving Southwest Michigan photo
HVAC Businesses

Residential HVAC Serving Southwest Michigan

MI, US

Fantastic opportunity to own an HVAC company serving Southwest Michigan. They are 99% residential, with no refrigeration or new construction. They have 436 maintenance agreements in place, flat rate pricing and a CRM. They have 8,000 active customers, and have completed 318 changeouts in the previous 12 months.

$2,000,000
$3,544,452Revenue
$391,317Cash Flow
Robust Commercial Facility For Sale photo
Other Building & Construction

Robust Commercial Facility For Sale

Jackson, Jackson County, MI 49203-3451, US

Award-winning 2021 Wellworth Avenue is a premier modern industrial facility located on 3.42 acres in Jackson, Michigan - strategically positioned in a central logistics corridor between Detroit, Ann Arbor, Lansing, and Chicago. Constructed in 2009 with thoughtful sustainability and operational efficiency in mind, this 71,815 square foot building is Energy Star rated and loaded with green-building features. It’s a future-forward opportunity for owner-users or investors seeking a versatile, high-performance asset in a business-friendly market. The layout includes three distinct yet seamlessly connected spaces: • A sleek 1,745 SF glass-enclosed showroom with mezzanine, water feature, and elevator, designed to impress. • 10,570 SF of open-air, geothermal-cooled office space with 9 private offices, 2 executive suites with private baths, a large classroom, Bosch-certified clean room, conference room, and break room. • A massive 59,500 SF shop/warehouse with a 30’ clear height (34’ avg ceiling), five grade-level doors (including a drive-in), paint booth, generator, compressed air system, 1200 Amp Square D Panel, and buss ducting for efficient power distribution. Additional standout features include: • Full-building fire suppression system • LED lighting with daylight harvesting and occupancy sensors • Solar-tracking skylights for natural light and reduced energy use • Super multi-blanket insulation for maximum efficiency • Heat pump/geothermal heating and cooling systems • 52 parking spaces with pervious concrete • Located within an International Airport Opportunity Zone Whether you're looking to expand operations, consolidate facilities, or invest in a top-tier industrial asset, 2021 Wellworth offers unmatched flexibility, environmental leadership, and infrastructure built to support productivity and innovation.

$5,900,000
-Revenue
-Cash Flow

Market Snapshot

National transaction benchmarks for building and construction business businesses.

Under $500K

Median revenue$661k
Median cash flow$142k
Median sale price$253k
Multiple range1.1x - 2.4x

$500K to $2M

Median revenue$1.84m
Median cash flow$362k
Median sale price$900k
Multiple range2.1x - 3.3x

Over $2M

Median revenue$5.56m
Median cash flow$1.03m
Median sale price$3.50m
Multiple range2.7x - 4.2x

A variety of factors can cause businesses to trade outside this range, including earnings quality, operational transferability, key-person risk, growth trajectory, and geography, so a listing priced above or below the typical multiple usually reflects real differences in the underlying business.

What to know about building and construction business acquisitions

GW

By George Wellmer

Cofounder & CEO

Key diligence, valuation, financing, and transition considerations for buyers evaluating building and construction business acquisitions.

Examine the backlog and bonding, not just last year

Signed contracts, change-order patterns, and bonding capacity tell you what you're really buying; a big trailing year with an empty pipeline is a trap, and bonding is often tied to the owner personally.

Confirm the license qualifier transfers

Many trades require a licensed qualifier that may leave with the seller. Verify what you must hold before you can legally operate.

Separate recurring service work from one-time projects

A plumbing or HVAC company with a service-and-maintenance base is worth far more than one living on new-construction bids — service agreements generate steady recurring revenue and replacement leads.

Understand the working capital the business needs

Receivables, retainage, and work-in-process tie up real cash between billing and collection; establish the need and whether it's in the deal.

Find out who actually runs the jobs

The estimator, project managers, and lead crews carry the business. Identify the key people, their pay, and retention after close.

Pressure-test the add-backs and equipment

Trucks, heavy equipment, and related-party rent distort earnings. Tour the fleet, check deferred maintenance, and stress the discretionary earnings.

Frequently Asked Questions

Answers to common buyer questions for this market.

Yes, especially those with recurring service revenue. Lenders focus on license and bonding transfer, customer concentration, and whether the business runs without the owner estimating every job.